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2 clusters · 2 sources · 12 days · First seen · Last updated

Bulgarian legal dispute over Plovdiv Fair shares

Overview

A legal dispute regarding the ownership of 29% of the capital of International Fair Plovdiv AD has moved forward following a ruling by Bulgaria’s Supreme Cassation Court. The court determined that the state’s procedural representative in the lawsuit must be the Finance Minister rather than the Economy Minister.

The litigation involves a challenge to the transfer of shares from the Varna municipality to Paldin Turinvest, a company controlled by businessman Georgi Gergov. The state seeks to be recognized as a shareholder and to invalidate those transfers, which previous court decisions had declared illegal.

Following the court's mandate, Finance Minister Galab Donov confirmed all procedural actions previously taken by the Ministry of Economy and Industry. This confirmation allows the legal proceedings to continue, preventing the case from being terminated on procedural grounds.

Entities

Supreme Cassation Court (Bulgaria) · Gǎlb Donev · International Fair Plovdiv · Ministry of Finance · Galab Donov

Timeline

  1. 25 days ago

    [POLITICS] 2 sources
    Bulgarian Finance Minister confirms legal actions for Plovdiv Fair shares

    Bulgarian Finance Minister Gǎlb Donev has confirmed procedural actions to continue the state's legal battle for 29% ownership of International Fair Plovdiv.

  2. about 1 month ago

    [POLITICS] 2 sources
    Finance Minister Galab Donov's Decision Determines Future of Plovdiv Fair

    Bulgaria’s Supreme Cassation Court gave Finance Minister Galab Donov a week to confirm procedural steps in the Plovdiv Fair lawsuit; his action will decide whether the case over 29 % share transfer to Georgi G‑

Sources

podtepeto.com · weekendphotography.com.br